GM slows its EV plans again even as sales grow

General Motors (GM) has reportedly slowed down its electric vehicle (EV) plans once again, despite a growing demand for EVs and a rise in sales. The reasons for this may include supply chain disruptions, chip shortages, or needing more time to develop and perfect their EV technology. However, GM has not officially disclosed the specific reasons for this decision. This decision may impact GM’s competitive status in the burgeoning EV market, as competitors like Tesla and Ford continue to ramp up their EV production.